May 11, 2020

The 2020 Bitcoin Halving Is Finally Here As Block Number 630,000 Mined

The most anticipated event in the cryptocurrency community has finally occurred as the Bitcoin network just produced block number 630,000. The Bitcoin halving will reduce the daily supply, the inflation rate, and the block rewards for miners. It has also raised serious discussions around the price of BTC. 2020 Halving Completed After months of increased...
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Chainlink Price Analysis: LINK Consolidates Around $3,70 But Bulls May Be Plotting a Big Move

Link looks indecisive after witnessing a 1.92% loss over the past few hours. The price is trapped in a channel as the bullish trend remain valid across trading pairs. Chainlink continues to hold key demand level at $3.47 after a series of rejections. LINK/USD: Chainlink Is Trapped In a Tight Range Key Resistance Levels: $4,...
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Blockchain Games Need a Hybrid Play Model to Retain Users

In the cryptocurrency world, users are always looking for ways to make money by whichever means are most convenient. Playing blockchain games has often been dismissed as a fad, but it seems to be a viable option to explore regardless.  There are many blockchain games and dApps for users to explore today. Hybrid Gameplay is...
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Ethereum Price Analysis: Long-Term Support Reached, But ETH In Danger After Losing The $200 Mark

Ethereum saw a sharp decline over the weekend, which caused it to slip beneath $200 and reach $187. The cryptocurrency managed to find strong support at a rising trend line. Against Bitcoin, Ethereum is battling to hold above the 0.021 BTC level. Key Support & Resistance Levels ETH/USD: Support: $180, $175, $170. Resistance: $190, $200,...
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10 Blocks In 47 Minutes: Miners Are Accelerating, Bitcoin Halving Block Can Be Reached Quicker Than Expected

The median confirmation time for transactions with miner fees to be included in a mined block and added to Bitcoin’s ledger has decreased substantially on the day that the halving is estimated to take place. If the rate continues as it is, the event will take place a few hours sooner than expected. 10 Blocks...
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Bitcoin Price Analysis: Despite $1000 Recovery, Traders Must Be Aware of Extreme Volatility As The Halving Approaches

Bitcoin’s volatility is breaking records, as the primary cryptocurrency approaches its third halving in a few hours. After yesterday 20% plunge to $8K, Bitcoin had recovered more than halfway. As of writing these lines, Bitcoin is trading around the $9000 mark. As we stated here on yesterday’s BTC analysis, the violent plunge that took place...
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Vietnam is getting ready to Propel with Cryptocurrency on the back. The Rising Nation!

Vietnam has a huge user base of cryptocurrencies and many use them as a powerful investment tool. As the government lacks a regulatory framework, the crypto’s stand is vague but the government is too very passionate to bring them under a regulatory umbrella. This Article feeds you with   Vietnam Government and Cryptocurrency in brief The...
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Why Bitcoin Whales are Mass-Dumping Before Crypto’s Big Halving

In less than 10 hours, the Bitcoin halving will be activated. But, whales seem to be taking the opportunity to dump on the market. The post Why Bitcoin Whales are Mass-Dumping Before Crypto’s Big Halving appeared first on CCN.com The post appeared first on CCN
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4 Years Of Developments: Bitcoin Fundamentals Significantly Different in 2020 Compared To The Halving Of 2016

New data comparing Bitcoin’s fundamentals now and around the second halving in 2016 demonstrates the immense growth of the network. Double, triple, and even quadruple-digit increases are evident in almost all areas, including the number of BTC addresses, the hashrate, and the daily transaction volume. 2016 Vs. 2020 Bitcoin Addresses While most members of the...
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 Ripple Price Analysis: XRP Crashes 17% Following Bitcoin’s Bloodbath, Where To Now?

Ripple turned bearish after losing 17% to reach a key demand level at $0.175 There’s no bullish sign for XRP at the moment as bears show more interest Against Bitcoin, Ripple dropped to a new monthly low at 2130 SAT level XRP/USD: Ripple Drops To $0.175 Key Resistance Levels: $0.20, $0.222, $0.235 Key Support Levels:...
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Bitcoin Transaction Fees Increase With More Than 300% Days Before The Halving

Bitcoin’s halving is estimated to take place in less than a day, and transaction fees are surging. This is indicative of users willing to pay a premium for their transactions to be prioritized and also of the increased number of unconfirmed transactions. Bitcoin Transaction Fees Above $3 Transaction fees on Bitcoin’s network have been increasing...
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Bitcoin (BTC) $ 97,230.05 3.67%
Ethereum (ETH) $ 3,321.26 7.44%
Tether (USDT) $ 1.00 0.17%
Solana (SOL) $ 249.86 6.63%
BNB (BNB) $ 621.84 2.07%
XRP (XRP) $ 1.11 1.41%
Dogecoin (DOGE) $ 0.383997 1.07%
USDC (USDC) $ 1.00 0.13%
Lido Staked Ether (STETH) $ 3,322.94 7.39%
Cardano (ADA) $ 0.787639 4.64%